Looks like the Apple TV took a little longer to put the spit and polish on than Apple initially thought. According to Apple PR Director of Mac products Lynn Fox, "Wrapping up Apple TV is taking a few weeks longer than we projected, and we now expect to begin shipments mid-March." Odd, being that Apple first showed this thing off last Fall -- and bummer for everybody waiting for their product. But you'd rather have it right than have it all crappy-wrong-first-gen, no? That was the silver lining for Vista's delayed launch, anyway.
P.S. -For those who just got a pang of sadness on what you're missing out on, maybe these pics of the Apple TV we took at Macworld 2007 will cheer you up.